The government of China’s Hebei Province has stated in a press release issued on August 16 that the province stepped up supply-side reforms and promoted the green development of industries in the January-July period of the current year.
Accordingly, in the given period Hebei Province eliminated 12.26 million mt of pig iron capacity, 10.53 million mt of crude steel capacity, 2.088 million mt of metallurgical coke capacity, equivalent to 75.5 percent, 67.4 percent and 29.0 percent of the respective capacity elimination targets for the full year.